Supa IGA Liquor / Mitre 10, 5-8 Georgina Way,
Churchill, VIC 3842
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Map of Supa IGA Liquor / Mitre 10, 5-8 Georgina Way
Realisation Sale - Long Lease Guaranteed by Metcash
- 15 year lease plus option
- $6.3million Refurb in 2009
- Fixed 4% annual increases
15 year lease plus options to 2042.
Long established Super IGA plus Liquor and Mitre 10.
Fixed 4% annual rent increases.
Tenant pays all usual outgoings except land tax.
Building upgrade and new fit-out in 2009, total cost $6.3 Million ($4.3 Million by landlord and $2 Million by IGA).
Modern and substantial 2,836 sqm building.
Enormous income tax saving depreciation.
Churchill, diverse township with a regional university campus of over 4,500 student enrolments.
Rent: $646,937 pa.
Auction 11am Wednesday 14 May
Temporary Relocation: Crown Conference Centre
25 Whiteman St, Southbank, Opposite Crown Towers
Long established Super IGA plus Liquor and Mitre 10.
Fixed 4% annual rent increases.
Tenant pays all usual outgoings except land tax.
Building upgrade and new fit-out in 2009, total cost $6.3 Million ($4.3 Million by landlord and $2 Million by IGA).
Modern and substantial 2,836 sqm building.
Enormous income tax saving depreciation.
Churchill, diverse township with a regional university campus of over 4,500 student enrolments.
Rent: $646,937 pa.
Auction 11am Wednesday 14 May
Temporary Relocation: Crown Conference Centre
25 Whiteman St, Southbank, Opposite Crown Towers
Property ID: 501113075Last Updated: 15 Aug 2016
04138603...
Supa IGA Liquor / Mitre 10, 5-8 Georgina Way
Churchill, VIC 3842
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